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Homes are selling well over listing prices as buyers compete against each other

Housing Wire

In Seattle, a buyer offered $400,000 over the home’s $725,000 listing price without even seeing the home. Not to mention, they waived contingencies on their home offer. A Realtor in Colorado Springs made headlines this year when she listed a rundown home for $592,000. Bottom line.

Buyers 446
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Appraisals 101: What to Expect From the Home Appraisal Process

Raleigh Realty

Like making counter-offers and going through the home inspection process, the home appraisal can be a sticking point between buyer and seller. The first thing you should do: call your agent, tell them the appraisal price is the highest you're willing to pay, and have them tell the seller so. What is a Home Appraisal?

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5 Tips to Sell Your Home for the Most Money This Fall

Lamacchia Realty

Motivated sellers attract motivated buyers. In addition, if you do receive an offer in the first week that is less than you hoped, think twice before you deny it. There is always room to counter-offer and negotiate. Seller Resources. Additional Resources. Fall Home Maintenance To-Dos! September 29, 2020.

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The REO Guide: 10 Steps to Buying a Bank-Owned Home

PennyMac

In many cases, lenders are motivated sellers who do not want to sit on their REO inventory, and (depending on the bank’s history with the property) these homes may be priced at a discount. Real estate agent: A real estate agent will be able to find REO offerings from multiple lenders in your desired area.